My Eyelab Franchise

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Investment

We are proud to offer an exceptional opportunity to reach your entrepreneurial goals by opening one or more My Eyelab stores. Take a look at what it costs to open a My Eyelab franchise store and pave your way for success today.

Minimum Liquidity

$200,000

 

Net Worth Required

$500,000

One-Time Franchise Fee

$34,900

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Low Total Investment

Between $299,858 to $601,197 depending upon the size of your retail store, build-out and construction costs and equipment

Royalty Fees

4% of Gross Sales

$1,078,696

average annual gross sales

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Franchisee Success in Focus

Zain Attawala and Sagar Panjawani
Atlanta-based Multi-Unit Franchisees

Zain Attawala and Sagar Panjwani opened their first My Eyelab location in 2017 and in the following three years opened 16 stores in total. The business partners anticipate further growth, adding 10 more locations to their portfolio in the adjacent 24-month period. Throughout the pandemic, they experienced 100% growth and have been dominating the Atlanta metro market. A key feature of their rapid expansion is their ability to access financing through an SBA-approved program with a unique payment schedule that is parsed out over time rather than all at once — providing the franchisees access to more capital they’re able to reinvest into their businesses.

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Ranked #3 on Entrepreneur’s Top New Franchises List!

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Industry Info Worth Another Look

Massive Revenue Potential

$40B U.S. eye care industry

Universal Consumer Demand

75% of Americans need eyewear and eye care services

Essential Products and Services

89% of corrective eyewear sales occur in brick-and-mortar locations

Financing Options Made Easy

Whether you’re interested in opening a single or multi-location franchise, My Eyelab will partner you with financing vendors to help you achieve your goals of owning an essential healthcare business. Below are the seven simple steps you’ll take to finance your franchise.

Discovery

Get all your financing questions answered

Formal Application

Engage lenders with a letter of interest

Franchise Agreement

Sign the franchise agreement and pay your franchise fee

Financing Search

Submit all required documentation to obtain your financing

Real Estate

Perform your real estate search, submit your LOI and continue the formal lease process

Underwriting

Ensure you have all documentation to help finalize your deal

Loan Closing

Obtain your signed lease, permits and other closing documents. Get ready to own a My Eyelab!

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Three Easy Steps to Owning a My Eyelab

1

Meet & Greet

Contact us to learn more about My Eyelab and how we can help you achieve your entrepreneurial dreams.

2

Discovery Day

Meet our leadership team for a deep dive into My Eyelab operations, your investment allocations, and the one-on-one support you’ll receive.

3

Make It Official

Sign and submit your franchise paperwork. You’re officially a My Eyelab franchise owner!

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Learn more about investing in a My Eyelab eyeglass franchise. Our experienced franchise team is ready to help and provide you with more information.

Contact Us TODAY!

Eyewear Franchise with My Eyelab

The following does not constitute the offer of a My Eyelab® franchise to residents of California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin (the “Registration States”). The content of this site is not directed to any person in any of the above Registration States by or on behalf of M&D Optical Franchise, LLC, or anyone acting with the knowledge of M&D Optical Franchise, LLC. No franchises can be sold in the Registration States, by or on behalf of M&D Optical Franchise, LLC, until the offering has been registered and declared effective and the appropriate Registration State Franchise Disclosure Document has been delivered before the sale and in compliance with the franchise laws of the respective Registration States.

FLORIDA RESIDENTS: THE PATIENT AND ANY OTHER PERSON RESPONSIBLE FOR PAYMENT HAS A RIGHT TO REFUSE TO PAY, CANCEL PAYMENT, OR BE REIMBURSED FOR PAYMENT OF ANY OTHER SERVICE, EXAMINATION, OR TREATMENT THAT IS PERFORMED AS A RESULT OF AND WITHIN 72 HOURS OF RESPONDING TO THE ADVERTISEMENT FOR THE FREE, DISCOUNTED FEE, OR REDUCED FEE SERVICE, EXAMINATION, OR TREATMENT.

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My Eyelab Franchise

My Eyelab Franchise
Call Us: (561) 413-9937

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  • Home
  • About Us
    ▼
    • Why Us
      ▼
      • Training and Support
      • Awards and Press
      • Owner Spotlight
    • FAQs
    • Blog
  • Investment
  • Franchise Opportunity
    ▼
    • Available Locations
  • Contact Us
  • (561) 413-9937